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<br /> 7 v,�t,^�vl.�td A�r t'r? 4imi!iR,s�i�t ++�x� ,i�/�y1q11�M+w.�1�1�yY�a ys� ia .- �-
<br /> � J+wrR++i�+���r b�'S�,tl�Y+�,y��.. . ".-.�..:
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<br /> �; f.Cro�W far A�tlo�oI D�YI, --.__--- _
<br /> , ; ,!`"�'. . (�)ptwil.Lpida may.exeepl a limited by reYulalbro issued by the Secret�ry ia the cw of p�yrtuat def�ulu,roquire
<br /> i , .. . �,, ..�• fmrnediste payment ia fuq of�I!:uau ucured by thb Security Iwuument if: �... .__._— -
<br /> "f••` :; , • (q Borrowet def�ulu by i�iUna to pay in Pull�ny mootblY pnymeAt required by th4 3autltY lo�trument pdor Io or o0
<br /> � � tha due dne of the next mo�tbiy p�ynxat.or
<br /> ' �� .. '��' (U)Bonower defaulu by fdl�no,for�period of thirty dari,to pe�form any ahcr obd�atlons cont�lned in thb Secudty
<br /> • ^. �,���, laitrument. �n `��,:�.;,_=_
<br /> ., . .. �S p�x�pprov�o(the I�;:'e_---_
<br /> ;. . , . (b1&It WM�aM Crodk APP�'ortl.lsnder aluU.iipenaiued by apQlkicabto I�w wd w�h Ihe ��*�'•�'09� �--.°.
<br /> _ ianmdirte P+Ymeat ia f4U af aU the wt�u sew�ed by�a Socwny loanmknt�f: ., . ,
<br /> . ^ . . sew ed �- --____�,-----_ ----
<br /> .�:.,.. (p All cr put ot Ila P�upa�ty is al�erwixe uauJerrod(dl�tlna bY devise ar daa�M)�tlre Boerowet��ad --_____
<br />� ' ° '• (G)71�e PropenY b no1 aecuPied bY�P�►rchaser ar grantee as his a her primar�-�r+aidenoe,or Ihe p�uchaur or ~°. .
<br /> � `•�: •Y��F
<br /> ., ,.. . . . � �nuMae aoa,w aoa�py the Propeny na nis«ner croaic n�u rot nan appnvoa in aooanfanoo wNn the toqui�d�he socrexuy. ..;,,. . c�:�
<br /> nuwae �u
<br /> . � does nOi �''�' _��a w�...:;..c:4.
<br /> (c)No W�I�er.If circumat�nca occur that wauld permit 4ender ta rcquiro immediata pAyment in full.but 4ender _ _
<br /> , i . � reqube�ch pRymcnu,Lender doa not waive itc�141►u with rapect to subsequent evema. �'"�'g•'•"`,�"�r`p`a•
<br /> , �. (d)Re=ahNaa ot EIUD Sa�et�ry.lo mpny circutnsnnca regulationi itsued by the Secret�ry will Nmit Lender's�Igbt�,in __
<br /> R a
<br /> , the ase of p�yment dePwult:,to require immediRte paymeat in fuQ And fareclose If not p�id.This SecuritY Inurument does --- - -
<br /> " ' � ' not wthorizo�ceelen�ion or forecbsurc ii not permicted by re�utalio�u oi the Secretary. __ _
<br /> �,�..s.:���..
<br /> , ... . . ,. ir. _-=-.
<br /> ' . . __ ...". tp.R�K�t. gottop,er hw a daht to be reiaseated if Lrnder hsg required immcdiate paYment in iuU Aecause of ��a:
<br /> Borrowds fvi[ure to p�g au amouat d�oe uader the Note o�tdis SecuritY Instrumrnt.TAis riaht atpplies even aiter fcKeclosure y :��� �---`--.-
<br /> . . Ik:� :1:.�„�Y:.
<br /> . •'• proceedia�a+�rc instituted.To rciastate the Secutity lostrument. Borra�rcr shaU tender in A lump sum alE waounu requi�ed to �_--
<br /> 'a brin�Bortow�`s accouat current incicK7o�g, to the tatent they arc obliaatfona of 8orrower uader th�s Security lastrumrnt. �:~�_:��=___
<br /> Poralo:turc coats u►d reagonaQk and custom�sv AQtc*rney's fees and oapenses propedy sssocia*.cd wizh �he foreclosure �" • _ _
<br /> proceedio�.Upon rciouatement by Bonaa7r.this Security Inatrument and the obUQadom�hat it secures sCwdl remsin in effect as ;. ' " }:'�����,'x
<br /> � ii Leaderhad not required immaliate papment in full.F9owever,Lender is not required to permit reinstatement if:(at Lender has � • '�? � :
<br /> ' a c c e p t e d r.i m t a t e m e a t a i t e r t h e c o m m e n c e ment oF forcclosure proceedin�s within two yesus immediatr6K Srn�eding the ,
<br /> commen�ernent of a current forecbsuR proceeding,(ii)rcinstatemeat wil!preclude foreclosure on dif feret�c graun d s in t he ;j k,.t,;-y�
<br /> future. oc•(iiil reinstatement wlll advenely affect the p�iority of the lien created by this Secudty last�umer+t. • ;����;';�u�7�
<br /> , .;i;:,..':•�;:',.,..
<br /> 11.Baro�ver Not Rela�ed;Forbe�nsce By Le�der Nol�W�her. Eatension oi the time of paymen[ot maclii:csition of :- �� "•
<br /> ' nmortiz�tion of the auma secural by this Saurity Instrument granted by Lender to any sucauor in interat of Horrowe r�hail not ?;y1��,• • �;;-.—
<br /> ' operate to relexse the IiobiBty of the original Borrower ar Horrower's successor in interest.Lender shaQ noi be raquired to •
<br /> „ , •� • commena ptoceedinQs AQ�inst any�uccessor in interest o�refuae to extend time for poyment or otherwise modlYy nmortization • �
<br /> �� : '�"' of the sums cecured by this Secuflty Mstrument by reoson of any demand made by the original Borrowe� or Borrower's
<br /> ' ���•t:�; sucasson in interat.Any forlxarancr b9 Lender in e�cerciaina eay NQht or rcmody:haU not be a walver af or preclude the ,;:�, �, �
<br /> � ,:���i�'f�;,� s eMC�cicz of an ri ht or reisad• 'S��' -
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<br /> : ,j1..:_.`�.,i. '�y�}���7' :�-_--
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<br /> • rA�.,:,. , 12.Sroewo�s�nd Aa+IQn+8oa�d;Joint�ad Severa�Li�elUly;Co-SlQaera.The covmants and agreemems oi tfiis Security r. . _�-
<br /> lnst�ummt�Nall bind ond benelit the yuccesauty and asslgns oi Lendo�and Borrower,aubject to the provisions of paragraph 9.b. '`'''
<br /> ' -;� `�'' '� .. �..=---
<br /> Bortower's zocenanta and agrameMs shull tHe loins and several.Am Bonower who co-signs this Security Instrument but does n�-% . • •.� _
<br /> ' � • ,, . not execute ahe Note:(a)is co•signing this Securiiy Instrument only io mortgage,grant and convey that Borrower's lnterest in {q; � ';�`-'=
<br /> :��, ' � the Proptriy under the terms of tMs Secu rity l r.urument:(b)Is not personaily obligated to pay the sume secured hy thls 5ecurity � • �4,�'�."
<br /> � Inatmmmt; and (c) agrces that Lcndcr anJ an� otfier Borrower may agra to extend, modify, forbeat or make wny `?�,;`"• • . f�'•���
<br /> �"� ' accanmodatbns with rcQerd tu the term oP this Security Instrumcnt ar thc Note without that Borrower's consent. �\,�'�;�.
<br /> . ��',.,��� T
<br /> � 13.Nodcea.Any notice to Borrower provided for in this Security Instrument shall be given by delivering it ar by maiHng it by
<br /> �� tirst cless mail unlas epplicable Iaw requires use of another method.The notice shell be directed to the Propertp Addtess or any ; �
<br /> '� ' other address Borrower designales by notice to Lender.Any notice to Lender shall be given by(irst class mail to Lender's addras � '�� '
<br /> • � ' ,. ,. �' statod hercin or any addras Lender designates by notice to Bor�ower.Any notice provided for in this Secudty lnsirument shall , �:;, ,
<br /> be deemed to have been given to Borrowcr or Lender when Qiven as provided in this para�raph. "'
<br /> � 1�.CovenloR L�w;3�wernblNty.This Secu�ity Instrument shall be governed by Federal law and the law of the jurisdiction in • ,
<br /> which the Propeny is locattd.In the event that any provision or clause oF thfs Security Instrument or the Note conllicts with ap-
<br /> ! � I plicable Is►w,such conflict shell not affect other provisions of this 5ecurity lnstrument or the Note which can be givcn effect •
<br /> � withoul the con0icting provislon.To this end the pravisions of this Security Instniment and the Note arc dxlarM to be . �"
<br /> ,, severable. ' ' ` �
<br /> ,. .
<br /> - ! IS.8�rrower'�(:opy. Borrower shall be given one conformed copy of this Security Instrument. }'.!
<br /> ,.5; � �
<br /> •`• ' 16.A��oeal of Reale.Borcower unconditionally assigns and transfers to Lender all the rcnts and revenues of�he Property.
<br />���. � ' • Boaower amhorizes Lender or Lender's agents to collect the rents and revenuts and hereby directs each tenant of the Propeny .:�„�
<br /> - '. to pay Ihe rents to Lender or L ender's agen�s.However,prior to Ltnder's notice to Bonower of Borrower's breach of any rnve• � • '
<br /> � '�:�. nant orogreetnent in the Security Instrument.Burrower shall collect and receive all rents and revenues of che Property as trustee � .
<br /> '��-��;� f'or the beneflt of Lencier nnd Borrower. This assignmeni of rents constitutes an abxulute assignment nnd not an assignment for
<br /> ,
<br /> t,�,� ��� addidamaf security anly. •
<br /> , ��,... � , ..
<br /> �'��• 5�.,j.�1,•�. If LerdEr gives notice of breuh to Bo�rower:la)aU rems received by Borrower shull be held by Borrower aa trustce for beneCt
<br />�;, � . �;,;4���r;� ; y��,i�t.'� of Lencer onip,t�bt applied to the s�ums secured by the Security Instrument;(b)Lender shall be entitled to collect anJ recei�e al� '
<br /> ,1�:�,.. �),�� : uf the rents ni Iha Propeny;and(c�each tennnt o(the Praperty shall pa}all rents duc and unpaid to Lender or Lender's agent ,
<br /> ' ��' • '.•1���� on Lender's wrinea c:eman�!to the unant.
<br /> .._.,',_'.
<br /> r �;;;''•� • • � Borrawer has not executed any prior assignment ui the rents and Ina.v nn. and will not perform uny act tha�xould prevem
<br /> � ' . �,';r;''�•`. ' Lender from ezercisinp it�rigM�undtr thfs paragraph Ib.
<br /> � `.��'�. Lendtc shall not be tequirrd i��enter u�rn,�ake cuntrol uf or m�m:air.�tie Prnprrt� be(orc o�a��xc giving notice of breach t�
<br /> • �' � Bonower. ituwever,Lender ar a iudi:�a:ly appenn�ed receiver ma�d.����a-anc nme therr is o b:ea:: any appliwt�on uf rents
<br /> � shall nol oure or wai�e a�y delauh or m�alidate any other right or rrmad}•oi Ler.;.'tr.':hic u+��gc:r.:r�c oi rent�of the Pro�xn}•
<br /> � shall termirete when t:;r dzfit sewred by�he Secun�y lostrumem i,paid in lu::.
<br /> ;:
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<br /> t�ar•!,��+
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